Largo, FL
Commercial Real Estate Market Trends & Data

$304 per SF Avg asking sale price
$19 per SF Avg asking lease rate
5,832 SF Avg unit lease size
13,034 SF Avg building size for sale
6.80% Average cap rate

Largo's Demographic Profile

Largo has 39,721 households and a median income of $53,445, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 83,605
# Households 39,721
Median age 49
Median household income $53,445
Avg household size 2.0
Renter-occupied housing units 15,843
5-year population change +1%

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Largo $233 22,619 SF 11.22%
Pasadena $334 10,740 SF 11.22%
Belleair $332 15,650 SF 6.36%
Clearwater $274 13,579 SF 11.22%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Largo $303 7,338 SF 7.02%
Pasadena $265 13,041 SF 7.39%
Clearwater $254 11,270 SF 7.39%
Pinellas Park $257 10,582 SF 7.39%
Nearby Retail Markets Avg Cost/SF Typical Size
Largo $375 9,214 SF
Belleair Bluffs $446 8,897 SF
Pasadena $536 7,905 SF
Belleair $286 9,428 SF
Clearwater $502 8,851 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Largo $228 13,625 SF 11.22%
Pasadena $475 8,730 SF 11.22%
Belleair $239 14,212 SF 6.50%
Clearwater $355 9,997 SF 11.22%

Commercial Properties For Sale in Largo

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

9001 126th Ave

Largo, FL 33773

  • 1,652 SF Industrial Building
  • $2,500,000
For Sale

Turnkey Medical Office Opportunity | West Bay

Largo, FL 33770

  • 2,516 SF Office Building
  • $850,000
For Sale

10355 Ulmerton Rd

Largo, FL 33771

  • 7,564 SF Retail Building
  • 6.00% Cap Rate
  • $3,300,000
For Sale

PINELLAS PARK IOS | 9.75 AC | INDUSTRIAL DEVE

Pinellas Park, FL 33780

  • 9.75 AC Lot
  • 1 Industrial Lot
  • $11,212,500
For Sale

13195 49th St N

Clearwater, FL 33762

  • 25,745 SF Industrial Building
  • $3,600,000
For Sale

Building 4

Largo, FL 33771

  • 12,000 SF Flex Building
  • $5,000,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Largo pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Largo $304 13,034 SF
Belleair Bluffs $383 5,556 SF
Pasadena $429 11,948 SF
Belleair $309 11,819 SF
Belleair Beach $317 13,572 SF

Regional Demographic Comparison

This comparison places Largo alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Largo or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Largo 83,605 39,721 49 $53,445 2 15,843 1%
Belleair Bluffs 2,488 1,282 57 $64,615 2 417 1%
Pasadena 958,968 443,437 49 $63,978 2 154,751 1%
Belleair 4,534 2,145 62 $115,677 2 301 2%
Belleair Beach 2,108 970 60 $128,779 2 124 7%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Largo, FL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Largo

View All Commercial Real Estate For Sale in Largo
Is Largo a good market for a first-time commercial real estate investor?

Largo offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Largo?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Largo. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Largo?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Largo. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Largo compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Largo. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Largo acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Largo, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends